CTSIUSDT - Long SetupHi Traders,
This one is out top performing CRYPTO Coins CTSI and MATIC, and both had little or no impact from recent crash.
Keep an eye out, almost breaking out of structure, and according to our analysis, this will not take a breath to hit targets very soon.
Hope all goes well at your end.
Trade with Care!
CTSIUSDT trade ideas
Cartesi breakout of triangle , CTSIUSDtGood Day,
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🆓Cartesi (CTSI) May-15 #CTSI $CTSIThe recent 12Hour candle is quite bearish but the selling volume is not too high so we will need to pay attention to this 1.1$ zone. If it could conquer this 1.1$ zone, it will keep moving up to 1.5$ zone in the next few days, but if failure, it could dump to 0.9$ and 0.65$ before generating new rally up to 1.5$ zone.
📈BUY
-Buy: 0.88-0.92$ if A. SL if B
-Buy: 1.1-1.15$ if A. SL if B
📉SELL
-Sell: 1.1-1.15$. SL if A
-Sell: 1.45-1.5$. SL if A
♻️BACK-UP
-Sell: 0.88-0.92$ if B. SL if A
-Buy: 0.635-0.665$. SL if B
❓Details
🕯Timeframe : 12 Hours
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
An Analysis on Long CTSI/USDTCTSI / USDT.
After multiple testing on the recent support zones 1.2 and 1.1 respectively, a breakout is expected after a bearish session and possible hit $1.5, and $2.5 respectively
Next entry point around $1.2 and
Do your own research and smile when it does x5
Not a financial advice